Cattle on Feed Report Preview   01/22  08:37

Higher Cattle Marketings Expected in Jan. 1 Cattle on Feed 
Report

By ShayLe Stewart
DTN Livestock Analyst

                      USDA Actual   Average Estimate*      Range

On Feed Jan. 1                           96.8%        96.0-97.6%
Placed in December                       92.7%        88.0-95.4%
Marketed in December                    101.7%      100.0-102.5%

* Estimates compiled by Dow Jones.

OMAHA (DTN) -- Friday's USDA Jan. 1 Cattle on Feed report is 
expected to be similar to those in recent months. But the 
biggest change that could potentially show in Friday's data is, 
oddly enough, in the marketing category. 

It's expected that the number of cattle marketed in December was 
anywhere from steady to 2.5% greater than a year ago. That bodes 
well for feedlots, as they desire to see the fed cash cattle 
market trade higher into this spring and summer. 

Overall, it's not expected that Friday's report will unveil 
anything too wild that will significantly affect the market one 
way or another.

**

USDA will release its Jan. 1 Cattle on Feed report at 2 p.m. CST 
on Friday.

ShayLe Stewart can be reached at ShayLe.Stewart@dtn.com